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Lance Roberts @LanceRobertsThis is really pretty incredible.
US household holdings of equities and mutual funds reached a record 278% of disposable personal income in the second quarter of 2026, up from just 29% in 1982, amplifying the stock market’s influence on consumer spending and economic activity._________________________
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Monthly Archives: April 2015
Mission accomplished: retail crowd sucked back in
It took years of focused effort to seduce retail investors back into harm’s way. They were hurt so badly in 2000-02 and 2007-09, it was hard to get them back. But now, finally, after 6 long years of pumping and … Continue reading
Millennials post slowest birth rate in US history
‘Millennials’ is the term for the cohort of people now age 18 to 34. There will be 75.3 million American millennials in 2015, compared with 74.9 million baby boomers between ages 51 to 69. In terms of economic impact, it … Continue reading
Iron ore has some ‘sober up’ news for oil
Massive credit-bubble fueled, multi-year booms in capacity, production and inventory don’t clear in a few months, especially when suppliers continue to increase output as demand falls. This chart of iron ore gives its April rebound some context. See, Iron Ore … Continue reading
